CAT
Caterpillar Inc.
CAT has the edge over SITE overall, supported by stronger modeled upside and stronger fundamentals.
SITE
SiteOne Landscape Supply, Inc.
SITE offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
SITE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Unavailable |
SITE's profitability and cash flow are currently healthy, and its revenue is stable. There isn't enough data to rate its balance sheet.
CAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $380 | -37% |
| Fair | 18x | $461 | -24% |
| Forward | 20x | $605 | — |
| Current | 24x | $605 | — |
| Expensive | 33x | $840 | +39% |
Historical ranges are pointers, not guarantees.
CAT's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its fair range.
SITE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 24x | $113 | — |
| Cheap | 27x | $104 | -7.6% |
| Current | 30x | $113 | — |
| Fair | 42x | $162 | +44% |
| Expensive | 52x | $200 | +77% |
Historical ranges are pointers, not guarantees.
SITE has the edge over CAT in the historical PE scenario, which offers more potential upside but is not a forecast.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
CAT has the edge over SITE on the outlook, with more favorable revenue and profitability expectations.
SITE Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect SITE's earnings to grow, with its revenue and profitability holding steady.
CAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $30.32 | +19% |
| Q3 2026 | $25.48 | +31% |
| Q2 2026 | $23.23 | +18% |
| Q1 2026 | $20.08 | -2% |
| Q4 2025 | $18.81 | -15% |
| Q3 2025 | $19.46 | -9.7% |
| Q2 2025 | $19.64 | -10% |
| Q1 2025 | $20.50 | -7.4% |
| Q4 2024 | $22.05 | +9.6% |
CAT earned $25.48 per share over the past year, up 31% from the year before.
SITE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.62 | +21% |
| Q3 2026 | $3.81 | +23% |
| Q2 2026 | $3.66 | +33% |
| Q1 2026 | $3.38 | +34% |
| Q4 2025 | $3.37 | +24% |
| Q3 2025 | $3.10 | -0.3% |
| Q2 2025 | $2.76 | -19% |
| Q1 2025 | $2.53 | -27% |
| Q4 2024 | $2.71 | -29% |
SITE has the edge over CAT on earnings, with more consistent year-over-year improvement.
CAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.7B | +17% |
| Q2 2026 | $20.5B | +24% |
| Q1 2026 | $17.4B | +22% |
| Q4 2025 | $19.1B | +18% |
| Q3 2025 | $17.6B | +9.5% |
| Q2 2025 | $16.6B | -0.7% |
| Q1 2025 | $14.2B | -9.8% |
| Q4 2024 | $16.2B | -5% |
CAT's revenue has grown year over year for five quarters in a row: $20.7B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +3.1 points |
| Q2 2026 | 21% | +3.6 points |
| Q1 2026 | 18% | -0.4 points |
| Q4 2025 | 14% | -4.1 points |
| Q3 2025 | 17% | -2.2 points |
| Q2 2025 | 17% | -3.6 points |
| Q1 2025 | 18% | -4.2 points |
| Q4 2024 | 18% | -0.3 points |
CAT has the edge over SITE on profitability, with a higher operating margin.
SITE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +2.6% |
| Q2 2026 | $1.5B | +4.7% |
| Q1 2026 | $940.1M | +0.1% |
| Q4 2025 | $1B | +3.2% |
| Q3 2025 | $1.3B | +4.1% |
| Q2 2025 | $1.5B | +3.4% |
| Q1 2025 | $939.4M | +3.8% |
| Q4 2024 | $1B | +5% |
SITE's revenue has grown year over year every quarter since early 2021: $1.3B last quarter, up 2.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.4% | +0.7 points |
| Q2 2026 | 13% | +0.1 points |
| Q1 2026 | -2.8% | +0.4 points |
| Q4 2025 | -0.5% | +2 points |
| Q3 2025 | 6.8% | +1 points |
| Q2 2025 | 13% | +0.8 points |
| Q1 2025 | -3.1% | -0.7 points |
| Q4 2024 | -2.5% | -2.3 points |
SITE's operating margin was 7.4% last quarter, up 0.7 points from the same quarter a year ago.
CAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +19% |
| Q2 2026 | $3.8B | +47% |
| Q1 2026 | $1.1B | +97% |
| Q4 2025 | $2.7B | +0.1% |
| Q3 2025 | $3.1B | -1.5% |
| Q2 2025 | $2.6B | -4.2% |
| Q1 2025 | $579M | -63% |
| Q4 2024 | $2.7B | -22% |
CAT generated $11.3B in free cash flow over the past year, up 26% from the year before.
SITE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $108.3M | -8.6% |
| Q2 2026 | $135.6M | +11% |
| Q1 2026 | -$145.1M | -$700K |
| Q4 2025 | $150.3M | +37% |
| Q3 2025 | $118.5M | +12% |
| Q2 2025 | $122.4M | -9.5% |
| Q1 2025 | -$144.4M | -$36.2M |
| Q4 2024 | $109.9M | +10% |
SITE generated $249M in free cash flow over the past year, up 21% from the year before.
CAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -1.6M shares |
| 1 year | -2.1% | -9.9M shares |
| 3 years | -10% | -51.7M shares |
| 5 years | -16% | -86.7M shares |
| Available history | -19% | -107M shares |
CAT has 461M diluted shares, down 2.1% from a year ago, with $8.1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.5B |
| Q1 2026 | $5B |
| Q4 2025 | $340M |
| Q3 2025 | $362M |
| Q2 2025 | $828M |
| Q1 2025 | $3.7B |
| Q4 2024 | $640M |
CAT spent $8.1B buying back its own shares over the past year, up 47% from the year before.
SITE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -546K shares |
| 1 year | -2.7% | -1.2M shares |
| 3 years | -4.2% | -1.9M shares |
| 5 years | -4.4% | -2M shares |
| Available history | +2.5% | +1.1M shares |
SITE has the edge over CAT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $62.2M |
| Q2 2026 | $94.4M |
| Q1 2026 | $20M |
| Q4 2025 | $40M |
| Q3 2025 | — |
| Q2 2025 | $54.5M |
| Q1 2025 | $3.8M |
| Q4 2024 | $29.7M |
SITE spent $217M buying back its own shares over the past year, up 146% from the year before.
CAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | 1.6x | Healthy |
CAT has more cash than debt.
SITE Net Leverage
CAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 6.7 | Oversold |
CAT's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
SITE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.8 | Neutral |
| Stochastic | 86.4 | Overbought |
SITE's weekly RSI is 56 (neutral) and its Stochastic is 86 (overbought).
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.3% below |
| PE % | 69 | 58 | 11 pts above |
CAT has the edge over SITE on valuation relative to its sector.
SITE PE vs Industrials Sector
| Metric | SITE | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 24x | 23% above |
| PE % | 19 | 58 | 39 pts below |
SITE is trading at 30x earnings, a 23% premium to the Industrials sector's median of 24x.
CAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $709.0 | 15% below |
| 20 week MA | $797.0 | 24% below |
| 50 week MA | $771.3 | 22% below |
| 100 week MA | $586.7 | 3.2% above |
| 200 week MA | $443.1 | 37% above |
CAT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 37% above its 200-week average.
SITE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $100.3 | 12% above |
| 20 week MA | $99.9 | 13% above |
| 50 week MA | $118.3 | 4.9% below |
| 100 week MA | $123.5 | 8.9% below |
| 200 week MA | $136.9 | 18% below |
SITE has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 18% below its 200-week average.
CAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $148.3 | $179.6 | +21% |
| 2021 | $179.6 | $206.2 | +15% |
| 2022 | $206.2 | $239.9 | +16% |
| 2023 | $239.9 | $295.7 | +23% |
| 2024 | $295.7 | $364.9 | +23% |
| 2025 | $364.9 | $583.0 | +60% |
| 2026 YTD | $583.0 | $605.3 | +3.8% |
CAT has the edge over SITE on returns for 2026, with the stronger performance.
SITE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $90.5 | $159.1 | +76% |
| 2021 | $159.1 | $230.4 | +45% |
| 2022 | $230.4 | $117.5 | -49% |
| 2023 | $117.5 | $162.5 | +38% |
| 2024 | $162.5 | $133.7 | -18% |
| 2025 | $133.7 | $127.2 | -4.9% |
| 2026 YTD | $127.2 | $112.6 | -12% |
SITE has finished lower in three of the last six years. It's down 12% so far in 2026.